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>> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal cliff will actually help america. he's going to make his case, very bold statement there, to someone whose company will be decimated by the spending cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> pretty clear apple stock is having
>> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal cliff will actually help america. he's going to make his case,...
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it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really only a couple weeks out and there's this huge gap, and eamon was right in another aspect. there is this brush fire of conservative lawmakers who don't want to raise revenue at all. so this is a huge problem for sp
it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what...
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. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a myth that raising tax rates will kill jobs. let's talk with fred smith right now in a cnbc exclusive about that and more. frank, good to have you on the program. welcome back. >> thank you very much, maria. always good to be here. >> good to see you again. let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job creators. the problem here is the 1986 act th
. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a...
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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>> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all right. next on fast city stores, is it safe to get into this stock? our traders will make the call. special dividends are all the rage. is there one etf? we've got an under the radar name. that is next on "fast." [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [
>> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all right. next on fast city stores, is it safe to...
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when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's playing apple's wild ride today at 1:00 p.m. futuresnow.cnbc.com. >> see you at the top of the hour on cnbc.com. >>> coming up halftime fund managers doing fancy trading to give portfolios a temporary boost and are you, the investor, left holding the bag? jpmorgan's tom lee on track to hit his 2012 s&p target, we'll ask him what's next for the market own your money when halftime comes back. o o. >>> welcome back. will quarter end she nan ganz be hurting your money? some portfolio managers are bidding up stocks the second before a quarter ends, those stocks see temporary pops and the managers can point to b
when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's...
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want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the possibilities here? u.s. military officials say it would be very difficult to target certain areas. there are possibilities if they're going to load them on the planes. they could use cruise missiles to attack airstrips, for example. they can't blow up the weapons sites themselves, otherwise then the deadly gases could be spread among the public and kill thousands. the only other option according to some people that i've been talking to over the past couple of days is possibly take those cruise missiles and aim them not only at the airport strips, but at regime targets. even perhaps president assad himself. but so far, w
want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the...
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you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
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the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the pretty about such a plan. >> speaker, you did speak with the pretsident earlier this wee. can you talk about that call? also we understand that he's making clear that it's got to be increasing rates for the wealthy or no deal
four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would...
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we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
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to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? woul
to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last...
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i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of thin
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a...
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. >> secretary of state clinton's concern as nbc reports that syria is developing gas. joining us welcome to you both. this is pretty serious. you have been in syria. is it actually news. or are the pentagon briefing this is a reality? i noticed that cnn reported something similar. there seem to be more reports that chemicals for nerve gas are being united. >> there is i lot of reporting now and i don't know near as much as nick does on this topic. that they kcame in. i asked him during our show, was there any movement of these weapons, because i agree with what nick said, they have been there, was there movement because it would be dangerous. i said no, not yet. movement i think implies that we are going to send aircraft into hit them. >> if he tries to use chemical weapons on his people it will do somethi something. >> i don't think we are being duped now. there is a big difference between now and 2003. >> i don't think we have any idea. they are not going to be helpful now. it is hard to see how they would advance his cause. he is clearly not a stupid man. >> if you
. >> secretary of state clinton's concern as nbc reports that syria is developing gas. joining us welcome to you both. this is pretty serious. you have been in syria. is it actually news. or are the pentagon briefing this is a reality? i noticed that cnn reported something similar. there seem to be more reports that chemicals for nerve gas are being united. >> there is i lot of reporting now and i don't know near as much as nick does on this topic. that they kcame in. i asked him...
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secretary of state hillary clinton is going to be meeting with her russian counterpart, sergey lavrov. this is a meeting that's going to take place in dublin later today. this is an effort to try to get the peace plan for syria back on track, a u.n. effort that's stalled for so many months now. there's not a lot of hope it will get back on track anytime soon. a lot of international powers and pressure being put on syria to try to comply with some sort of peace plan so this nightmare scenario doesn't come to any sort of fruition. zoraida? >> all right, we're talking about a deadly nerve gas, it is sarin. can you tell us what kind of damage could this do to the people there? >> reporter: it's well known that sarin and the use of sarin is a nightmare scenario. the use of it could kill a huge amount of people in a very short amount of time. now, last night, a former cia officer, robert bear, was speaking to anderson cooper. he described what the use of sarin could do. here's more of what he had to say. >> one round and the dispersion on that could be -- depends on the wind -- but you coul
secretary of state hillary clinton is going to be meeting with her russian counterpart, sergey lavrov. this is a meeting that's going to take place in dublin later today. this is an effort to try to get the peace plan for syria back on track, a u.n. effort that's stalled for so many months now. there's not a lot of hope it will get back on track anytime soon. a lot of international powers and pressure being put on syria to try to comply with some sort of peace plan so this nightmare scenario...
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there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad. the president of syria. and he assures them that there's no use intended and it is not a problem and, so, you kind of have two messages coming from the russians but you would have to say they're very much opposed to that and a lot of concern. >> so do they then -- do the russians believe assad when he assures them that he won't? and, are there new sign that is the russians might be waivering in their support of assad? >> reporter: you know, it's thoohard to say whether they believe it. you have to say at least on the surface they're saying we are taking him at his word that he w
there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad....
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secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city lights from around the globe. it's so awesome. it took nine days for a satellite to capture these images. it needed 312 trips around the earth to take all of the approxima pictures. they were mapped over existing imagery of the earth to make this one impressive view. wow. >>> zynga, the game company that makes farmville wants to dabble in real money. online gambling. it filed an application for a gaming license in nevada. the only state that currently allows it. it could help zynga make up for lost revenue from other games. >>> it will take years for new jersey to recover f
secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city...
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>> well, i think what is going on now, you know, if you look and you see secretary clinton is traveling to the middle east on monday. i think what the administration is scrambling to do now is to try and put together an international coalition, much as we saw them do with libya. talking to the arab league, talking to gulf allies, talking to nato, because, of course, we're better off if we don't have to act alone. if we have the support of the international community, you know, but, frankly, i think i probably fall down where senator mccain was at least implying, and that is we've waited awfully long and we've made it a far more difficult task by waiting until now to intervene there? what's at stake? this is not the first time that chemical weapons were used in the region. we all know and remember when saddam hussein used nerve gas on the kurds in iraq. explain what happens. >> well, it takes -- i think people really underestimate or don't appreciate sort of just how powerful these are. you know, back the group in japan used it on a train, and the train doors opened, and most everyone th
>> well, i think what is going on now, you know, if you look and you see secretary clinton is traveling to the middle east on monday. i think what the administration is scrambling to do now is to try and put together an international coalition, much as we saw them do with libya. talking to the arab league, talking to gulf allies, talking to nato, because, of course, we're better off if we don't have to act alone. if we have the support of the international community, you know, but,...
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these documents show that secretary of state hillary clinton signed these papers making the declaration official, back on the 20th of last month. much more on this story out of syria next hour. >>> an american doctor kidnapped in afghanistan and what happens next involves around the clock negotiations and a dramatic act of courage by s.e.a.l. team six. i'm brooke baldwin. the news is now. the death of a pop star. ♪ a picture shows what happened moments before jenni rivera's plane crashed. plus, boys disappear from a reform school and are never heard from again. >> these are children who came here and died for one reason or another and quite literally have been lost in the woods. >> the answers may lie in this cemetery. and one governor floating the idea of setting tuition rates based upon your major. this may change college forever. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they
these documents show that secretary of state hillary clinton signed these papers making the declaration official, back on the 20th of last month. much more on this story out of syria next hour. >>> an american doctor kidnapped in afghanistan and what happens next involves around the clock negotiations and a dramatic act of courage by s.e.a.l. team six. i'm brooke baldwin. the news is now. the death of a pop star. ♪ a picture shows what happened moments before jenni rivera's plane...
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Dec 3, 2012
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hillary clinton, the secretary of state, she said the u.s. is prepared, in her words, to take action if the syrian regime, the syrian government of bashar al assad were to use chemical weapons or even move around chemical weapons stockpiles, many of which are near the jordanian border. >> a lot of which is near the jordanian border. we have been aware of this for a while. we're working very, very diligently to monitor that. this is a game changer. >> as far as jordan is concerned -- >> as far as the world is concerned. >> you saw that story in "the atlantic" magazine, they posted it on their website, that israel has asked jordan for permission to go in there and attack those chemical weapons sites in syria. >> i saw the report. i'm not aware of these contacts. but this affects all the countries of the region. it will be a game changer in the sense that the world will not stand still and watch these chemical and by logical weapons being used or the threat of them being used. it is going to be a game changer. so far, the lack of unanimity on ho
hillary clinton, the secretary of state, she said the u.s. is prepared, in her words, to take action if the syrian regime, the syrian government of bashar al assad were to use chemical weapons or even move around chemical weapons stockpiles, many of which are near the jordanian border. >> a lot of which is near the jordanian border. we have been aware of this for a while. we're working very, very diligently to monitor that. this is a game changer. >> as far as jordan is concerned --...
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you get to secretary of state hillary clinton warning the u.s. was prepared to act if syria used chemical weapons if they're using them, so then what -- run through possible scenarios for me? >> well, the u.s. always said its red line is the use of chemical weapons. and of course you can imagine that people at the state department and other agencies in washington are very much looking into whether or not syria is simply moving stockpiles around, or preparing for some sort of use. if syria indeed, which is saying it's not going to do, uses the weapons out of desperation, because here you have some rebel strongholds that is not bowing to the syrian regime, despite the fact that it is repeatedly conventionally bombed. when you reach a level where there is desperation for a regime that feels everything around it is crumbling, the question is what will it use in order to try in some desperate last ditch measure to protect itself. that is the concern. the u.s. has always said this is a concern because it is not just within the borders of syria, that it
you get to secretary of state hillary clinton warning the u.s. was prepared to act if syria used chemical weapons if they're using them, so then what -- run through possible scenarios for me? >> well, the u.s. always said its red line is the use of chemical weapons. and of course you can imagine that people at the state department and other agencies in washington are very much looking into whether or not syria is simply moving stockpiles around, or preparing for some sort of use. if syria...
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. >>> a strong warning today from secretary of state hillary clinton to the syrian government over the potential use of chemical weapons. one official in the obama administration told cnn there are worrying signs that syria may be considering the use of such weapons against rebels. new this morning, this mayor of this town along the border with turkey told cnn that jets dropped two bombs wounding several people. >>> it is 18 minutes past the hour. we are getting an early read on your local news making national headlines this story from "the boston globe." a year after the paper found that stores and restaurants across massachusetts were intentionally mislabeling fish. guess what? the practice continues. dna testing shows some business are showing cheaper, lower quality fish instead of what is written on the label. in one case, slices of what were supposed to be white tuna at a sushi shop were an oily species of fish that can cause digestive issues. that's terrible. >>> the "new york times," this story got so much attention locally here and around the nation. the homeless man who receiv
. >>> a strong warning today from secretary of state hillary clinton to the syrian government over the potential use of chemical weapons. one official in the obama administration told cnn there are worrying signs that syria may be considering the use of such weapons against rebels. new this morning, this mayor of this town along the border with turkey told cnn that jets dropped two bombs wounding several people. >>> it is 18 minutes past the hour. we are getting an early read...
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syria from secretary of state hillary clinton. she said that any move by the assad regime to use chemical weapons against rebels would be considered crossing a red line by the united states. it would prompt action by the u.s. one official told cnn that there had been quote worrying signs of activity in syria over the last few days. i want to get to our panel this morning talk a little bit about that. barbara starr is cnn's pentagon correspondent. w. bell, a comedian who's the host of totally biased, and u.s. congresswoman ann hayworth is with us as well. barbara, what are the worrying signs? >> what our sources are telling us, soledad, last couple of days there have been new intelligence that the syrians are now moving their chemical weapons around in a very different way. not just consolidating for security purposes, but potentially moving them in a way that indicates they might be getting ready to use them. what do we mean by that? likelihood is what they're doing is using some of the chemical material closer or to the artillery
syria from secretary of state hillary clinton. she said that any move by the assad regime to use chemical weapons against rebels would be considered crossing a red line by the united states. it would prompt action by the u.s. one official told cnn that there had been quote worrying signs of activity in syria over the last few days. i want to get to our panel this morning talk a little bit about that. barbara starr is cnn's pentagon correspondent. w. bell, a comedian who's the host of totally...
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when i met neera when she was policy director for hillary clinton and barack obama, i did a column or i refer to her as the sugary ray robinson. he was a pound for pound the greatest boxers. she was the sugar ray robinson of policy record. everytime i see here i say "hi, sugar." when my younger reporters heard this and it to a colleague "it is just a different generation." i am sorry, sugar. what i'm glad you explained that. >> it is terrific to be here. what a great panel. gleen hutins is the founder of -- glenn hutchins is the founder of silver lake. he is a tremendous asset at harvard as a great adviser. his real claim to fame is he is the part owner of the boston celtics. if we start to in any way need to but the more we will talk about that. jonathan teaches at the university ebbs pennsylvania. he has written 150 books. i say about pat moynihan that he had written more books than most senators have read. i in dazzled by that. -- i am dazzled by that. he has also -- is also a senior adviser at the center for american progress. he's very interested in the subject. susan, we have to
when i met neera when she was policy director for hillary clinton and barack obama, i did a column or i refer to her as the sugary ray robinson. he was a pound for pound the greatest boxers. she was the sugar ray robinson of policy record. everytime i see here i say "hi, sugar." when my younger reporters heard this and it to a colleague "it is just a different generation." i am sorry, sugar. what i'm glad you explained that. >> it is terrific to be here. what a great...
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Dec 8, 2012
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now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> you did speak with the president earlier this week. can you characterize that call? did he have any kind of count offer and we understand that he is making clear that it's got to be increase rates for
now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we...
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he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a problem for some people to grasp. how can you lower rates will we need more revenue? you do that by broadening the base. economists, a lot of them disagreed on the positive impact of simplifying the tax code or tax reform. most agree there is some evidence. we have some studies based on the 1986 tax reform plan. that impacted gdp in a positive way by about one percentage point. there is no consensus, but there is a general understanding there is a benefit. anyone who has done their taxes can understand this. the time alone to do your taxes, even with the great software, we have 70% o
he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a...
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Dec 9, 2012
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everybody we have threats of government shutdown in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is not a dirty word. >> the legendary "bloomberg view" columnist -- margaret carlson. >> i had this plan for a couple weeks -- i thought, this could happen. when you said you cannot get people in the corner as the president has with the tax increase on the wealthy -- here is the plan. on december 31, the bush tax cuts expire. after you have your champagne and your funny hats on, on january 1 at 12:01 a.m., there is a middle-class tax cut and the top rate is 39.6%, then they are cut to 37%,
everybody we have threats of government shutdown in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you...
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so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >> she has put that all together in the pinnacle up until now in her public service which has in deer herd to millions and millions of people all over the world then the. ♪ >> she has been a splendid representative of the united states. >> she is doing it [indiscernible] ♪ >> in the end, it is not about being a good politician. it is about being a human being. >> we have always pushed human potential and promise forward. if you vbet on the side of human rights, human dignity, more countries may have the same extraordinary good for
so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >>...
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i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for the holidays at the end of the week next week, but majority leader eric cantor says the house will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other
i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for...
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host: secretary of state hillary clinton early in december talked about hiv and aids and where we are in research, and said and aids free generation is not just a rallying cry, but the goal within our reach. what do you think of the statement and what does it mean for your organization, dr. fauci? guest: thank you for the question. secretary clinton has been a leader on the concept, and she introduced the concept of an aids-free generation, and the point she is making is 31 years into the pandemic we have the tools based on clinical research -- prevention tools, and diagnostic tools and treatment tools to turn around dramatically the projection of the pandemic globally. we are already starting to see that. it is a matter of implementing these things. treatment is striking -- the difference between 30 years ago in what we do now, not only to save the lives of individuals, but when you treat someone that is hiv infected and you bring down the level of virus to blow a detectable level, you -- -- to be lower deductible -- detectable level, you dramatically decrease the chance they would i
host: secretary of state hillary clinton early in december talked about hiv and aids and where we are in research, and said and aids free generation is not just a rallying cry, but the goal within our reach. what do you think of the statement and what does it mean for your organization, dr. fauci? guest: thank you for the question. secretary clinton has been a leader on the concept, and she introduced the concept of an aids-free generation, and the point she is making is 31 years into the...
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clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in no way comparable to that of the '40's when the national debt grew to an amount nearly equal to annual gdp. once the war ended, spending went down and the u.s. proceeded to grow at a greater than 4% annual rate for 20 years. that took care of the deficit or the debt with the problem. today, everything points in the other direction. interest rates are likely to go up. demand for further spending will increase for reasons i will get to a minute. state and local governments rely on federal transfers to balance their books. the state o
clinton did it legitimately, i think. but in other words, the keynesian idea was we run up a deficit when we have a swamp. we run up a large deficit when we have a slump and run up medium-sized deficits in times of prosperity. the u.s. government is spending about $3.6 trillion this year. federal spending has gone up at roughly twice the rate of economic growth. interest payments are temporarily manageable. but interest rates are at historic lows and likely to go up. our current situation is in...
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also, a piece on hillary clinton. president truman's oldest grandson, who was the first truman to travel to japan. tonight on c-span 3, a look at hiroshima. a talk with his trip and what he learned it. learned through his words teacher made that his grandfather went through and now he went through in hiroshige of. 6:00 for those on the west coast on c-span 3. here is a preview. [video clip] >> i tried to look down and i saw so many dead bodies floating on the surface. people --'s so many the people suffered from the burned bodies. they went into water. it jumped into the river. >> that was a survivor of the bombings in hiroshima telling her story for the first time to daniel on his first visit to the two cities where the bomb was dropped the in 1945. you are listening for the first time. what did you see your role as as you were listening to it? >> just to be there to listen to her and to let her speak and to let her do this for the first time. >> for her understanding she was talking to the grandson of the man who ma
also, a piece on hillary clinton. president truman's oldest grandson, who was the first truman to travel to japan. tonight on c-span 3, a look at hiroshima. a talk with his trip and what he learned it. learned through his words teacher made that his grandfather went through and now he went through in hiroshige of. 6:00 for those on the west coast on c-span 3. here is a preview. [video clip] >> i tried to look down and i saw so many dead bodies floating on the surface. people --'s so many...
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that is what bill clinton second term was about. he could keep him from getting to that point of bringing everything to gavel. >> this came from his best friend who runs a parking company. he said obama has been ridiculed in his brain. he is constantly working the room excuse to get the right conversation to move them forward. he's always thinking a few steps ahead. if i did eight incident be they would to see -- if i do a and they do b, it would be c. he was in this particular kind of business. he wanted to be in a longer- term business. he did not make enough concessions to the day-by-day noise of washington. >> i call this his pregame aptitude. he plays the game before the players take the field. the trick is when you get to be president. it can create a kind of reticence, a step back quality that you missed. all those variables change. >> i think he is learning. i altered his landscape. as i do that, i am ahead of the pack. >> you're talking about striving for greatness. he is going to need to strive for greatness and reorganize
that is what bill clinton second term was about. he could keep him from getting to that point of bringing everything to gavel. >> this came from his best friend who runs a parking company. he said obama has been ridiculed in his brain. he is constantly working the room excuse to get the right conversation to move them forward. he's always thinking a few steps ahead. if i did eight incident be they would to see -- if i do a and they do b, it would be c. he was in this particular kind of...
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secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic ma grag, the movement for unity and jihad in west africa known as mujoa, and other affiliated groups have exploited the political unrest created by the march coup and the northern rebel ynt to expand their safe havens in northern mali and to impose their ideology on local communities throughout the northern part of the country. while these tactics remain alien to the vast majority of the population and the affected areas, aqim has established at least temporary relationships with a number of groups in northern mali and currently control the key cities of timbuktu, gal, and kid al. any attempt to militarily ouset a qim must be african led. it must be malian led. it must be well planned, well organized and well resourced to be successful. military plans must also account for civilian security and humanitarian ne
secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic ma grag, the movement for unity and jihad in west africa known as mujoa, and other affiliated groups have exploited the political unrest created by the march coup and the northern rebel ynt to expand their safe havens in...
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former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have an hour to an hour and a half. if you hear something you want to weigh in on, don't wait for me. we're talking now about the other very small issue in this issue and that is tax policy and how best to put the nation on a sustainable fiscal path. the question of revenue, how much, where to get it, the options on the table and would like your thoughts. as you heard from chairman bachus. they need ideas to bridge this gap because we appear to be at a stale mate. i turn it over to john to get your thoughts knowing he has to leave and the center for american progre
former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have...
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high-income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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it was bush and clinton who did it. it started under bush in 1989 and. 300,000 civil servants, down from 1 million at the time. if the bulk of the active duty force structure, the civil service, would have to keep in mind is that it is inevitable because we are in a drawdown. that is about special interests. what happens to those people, and how jobs are fulfilled and the american economy depends on how the american economy is doing. not what the defense bar and is doing. if you have a growing economy creating jobs, reemployment happens quickly, new jobs created. if you increase the flow of money in the economy by reducing federal borrowing, that creates jobs. you have to view the economy as a system. you cannot say, defense dollars down, jobs down. guest: if you reduce the spending on the domestic side to radically it, too soon, what you're looking at is a second recession. the twitter comment is mostly right. if you did it over a protected. of time in a smoother curve, you might be able to ameliorate many of these job
it was bush and clinton who did it. it started under bush in 1989 and. 300,000 civil servants, down from 1 million at the time. if the bulk of the active duty force structure, the civil service, would have to keep in mind is that it is inevitable because we are in a drawdown. that is about special interests. what happens to those people, and how jobs are fulfilled and the american economy depends on how the american economy is doing. not what the defense bar and is doing. if you have a growing...